Description:
Fully occupied, turn-key 7 unit mixed use building in Chittenango is for sale! 2 commercial storefronts on main drag, currently occupied by dog groomer & bike repair shop. Then, 5 apartments. Four are 1 bedrooms, & one is a 2 bedroom. All are occupied, and several have significant room to increase rents (longtime tenants paying below market rent). All told, the building grosses $3400.00 a month. Expenses are low as nearly all utilities are paid by tenants! Good parking in rear of building. Great opportunity to purchase an investment already performing with upside. Super addition to existing portfolio, or first investment! 10k credit at closing for roof. Being sold at a 9.5 cap rate! Right side built 1966, other additions in the 80's.